Hello all, newbi and first time buyer here.I've been given the advice to take advantage of the HUD program for my first SFH Purchase.Question one: How close to the listing price are they to the amount they one it?

If the bank took it back they are going to want a fair market value offer presented to them, so they usually list it with a local brokerage or put it on a website for auctions.

It is listed with an agent, since I would only be putting 5% down is the seller responsible for coming out of pocket for realtor fees?

I am also focusing on building my buyers list.

We accepted an offer after being on the market for 2 weeks for 4,100.00 over list price, after closing I made a little over 35,000 on the deal.

There is a list on the website as well.Good luck!

So I was going to reactive my PropStream account, but I figured let me see if any agents would be willing to share their MLS access in exchange you would receive all of our listings and we would purchase everything via you.

Looking at the Fannie Mae website, I found the following requirements:Cash-out refinance transactions must meet the following requirements: The transaction must be used to pay off existing mortgages by obtaining a new first mortgage secured by the same property or be a new mortgage on a property that does not have a mortgage lien against it.Properties listed for sale in the six months preceding the disbursement date of the new mortgage loan are limited to 70% LTV, CLTV, and HCLTV ratios (or less if mandated by the specific product, occupancy, or property type – for example, 65% for manufactured homes).Note: Properties that were listed for sale must have been taken off the market on or before the disbursement date of the new mortgage loan.The property must have been purchased (or acquired) by the borrower at least six months prior to the disbursement date of the new mortgage loan except for the following: There is no waiting period if the lender documents that the borrower acquired the property through an inheritance or was legally awarded the property (divorce, separation, or dissolution of a domestic partnership).

So why would you try and sell a house not listed in front of hordes of buyers.Enough ranting.. just had to get this off my chest.

Cost for outswitch starts at $11/mo/listing but there are breakpoints.